PNB scam

'Finmin's prompt measures helped in Nirav Modi extradition process'

According to the government official, a scam of this magnitude had the potential to create instability in the financial sector but the deft handling saved the entire public sector banking space from the crisis and litigation. Later, banks were allowed to seek passport details from borrowers seeking loans of over Rs 50 crore.

Apr 16, 2021, 23:54 PM IST

PNB scam accused Nirav Modi's extradition approved by UK government

On February 25, a Westminster Magistrates' Court had allowed Modi's extradition.

Apr 16, 2021, 18:37 PM IST

Nirav Modi can be extradited to India

A UK court on Thursday ordered his extradition to India after a nearly two-year-long legal battle. The court accepted the Indian case that Nirav Modi threatened witnesses and tampered with evidence.

Feb 25, 2021, 17:48 PM IST

Fugitive diamantaire Nirav Modi to be extradited to India to stand trial, rules UK court

A UK court on Thursday (February 25, 2021) ordered the extradition of fugitive diamantaire Nirav Modi and accepted the Indian case that he threatened witnesses and tampered with evidence. The District Judge Samuel Goozee at the Westminster Magistrates’ Court also accepted the prima facie evidence against Modi for money laundering.

Feb 25, 2021, 16:49 PM IST

PNB scam: Will Nirav Modi be extradited to India? UK court to decide today

The 49-year-old diamond merchant is expected to appear via videolink from Wandsworth Prison in south-west London at Westminster Magistrates' Court, where District Judge Samuel Goozee is set to hand down his judgment on whether the jeweller has a case to answer before the Indian courts. 

Feb 25, 2021, 10:27 AM IST

PNB scam accused Nirav Modi's younger brother Nehal charged with $2.6 million fraud in NY

Fugitive diamantaire Nirav Modi's younger brother Nehal Modi has been indicted for fraud worth over USD 2.6 million.

Dec 20, 2020, 13:34 PM IST

Nirav Modi faces suicide risk, politically biased trial in India, UK court told

Nirav Modi, fighting extradition to India, is unlikely to get a fair trial there due to the politicisation of his case and he faces a "high risk of suicide" due to the lack of adequate medical facilities in Indian prisons, his legal team told a UK court on Tuesday.

Sep 09, 2020, 10:06 AM IST

Fugitive diamantaire Nirav Modi's assets to be auctioned live on Thursday

The first auction shall be conducted by Saffronart as the Spring Live Auction here on Thursday (Feb. 27), followed by the Spring Online Auction on (March 3-4).

Feb 25, 2020, 15:00 PM IST

PNB scam: Nirav Modi custody in UK extended till February 27

Nirav Modi, who was arrested from Holborn here on March 19 and is fighting extradition proceedings since then was called for routine 'call-over' hearing at Westminster Magistrates' Court which was presided over by Judge David Robinson.  

Jan 31, 2020, 13:33 PM IST

PNB scam: Nirav Modi threatened to kill company's director, CBI tells court

The investigating agency told the special court in Maharashtra that Nirav Modi threatened to kill one of the directors, Ashish Mohanbhai Lad if he ever expressed a desire to return to India from Cairo.

Dec 21, 2019, 13:42 PM IST

Mehul Choksi will be deported; Indian officials can interview him in Antigua, assures PM Gaston Browne

Speaking to news agency ANI on Wednesday, PM Browne said that the country is not interested in having Choksi in Antigua and Barbuda as he "brings no value to the country". He assured India that Choksi will ultimately be deported to India after he would have exhausted all of his appeals.

Sep 26, 2019, 08:05 AM IST

PNB scam: Interpol issues Red Corner Notice against fugitive diamantaire Nirav Modi's brother Nehal Deepak

Investigations reveal that Nehal Modi was the director of now-defunct Firestar Diamonds USA. 

Sep 13, 2019, 12:25 PM IST

ED attaches PNB scam accused Mehul Choksi's properties worth Rs 24.77 crore

The ED said in a press release that it has attached 3 commercial properties in Dubai, valuables, one Mercedes Benz E280 and Fixed Deposit Account controlled by Mehul Choksi.

Jul 11, 2019, 18:14 PM IST

PNB reports Rs 3,805 crore fraud by Bhushan Power and Steel

In a regulatory filing on Saturday, PNB said that BPSL had misappropriated funds and manipulated books of accounts to raise funds from consortium lender banks.

Jul 08, 2019, 13:16 PM IST

Sandesara group scam much bigger than PNB scam, claims ED

Sandesara group scam much bigger than PNB scam, claims ED. To know more watch the video

Jun 29, 2019, 16:34 PM IST

Swiss authorities freeze bank accounts of Nirav Modi, sister Purvi Modi worth Rs 283 crore

The accounts of Nirav Modi and his sister Purvi Modi were frozen following Enforcement Directorate's request under the Prevention of Money Laundering (PMLA) Act.

Jun 27, 2019, 12:32 PM IST

Antigua to repatriate Mehul Choksi: Timeline of PNB scam and his disappearance

Mehul Choksi and his nephew Nirav Modi are wanted by the ED and the CBI for allegedly defrauding the PNB to the tune of Rs 13,400 crore, in collusion with a few of its employees.

Jun 25, 2019, 17:46 PM IST

5W1H: PNB scam accused Mehul Choksi runs out of options

After Antigua PM said that the country will revoke Mehul Choksi's citizenship, the absconder in the PNB scam is fast running out of options but to return to India and face trial.

Jun 25, 2019, 16:48 PM IST

Badhir News: Special show for hearing impaired, June 25th, 2019

This is a special segment for hearing impaired which brings to you latest updates of the afternoon. Watch this video to know the latest news stories of the day.

Jun 25, 2019, 16:38 PM IST

Mehul Choksi's citizenship will be revoked: Antigua PM

Antigua PM Gaston Browne has confirmed Mehul Choksi's citizenship will be revoked. Choksi along with Nirav Modi is the main accused in the Rs 11, 400 crore PNB scam.

Jun 25, 2019, 16:04 PM IST